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SBWC launches online initiatives to boost upskilling of businesswomen

13 Apr 2020

In the wake of far-reaching changes to work and life caused by the Coronavirus disease (COVID-19) pandemic, Sharjah Business Women Council (SBWC), an affiliate of NAMA Women Advancement Establishment (NAMA),...

China loans touch $405 billion as central bank brings stimulus

11 Apr 2020

China’s loans surged as coronavirus stimulus kicked into save the economy. New bank lending in China rose sharply to 2.85 trillion yuan ($405 billion) in March, with total social financing...

SCCI succeeds in achieving 100% of smart transformation

07 Apr 2020

The Sharjah Chamber of Commerce & Industry, SCCI, has recently revealed the statistics for its online services during March, where the number of memberships reached 467, 27 new memberships and...

UK car sales dip by 44 per cent

06 Apr 2020

New car sales in Britain dived 44 per cent last month as the country’s lockdown triggered by the coronavirus outbreak shut show rooms, industry data showed on Monday. It...

AGS and PHSF in partnership to drive sustainable development

04 Apr 2020

Sheikha Shamma Bint Sultan Bin Khalifa Al Nahyan, Founder and CEO of Alliances for Global Sustainability (AGS) and Pure Harvest Smart Farms (PHSF), a leading tech-enabled agribusiness, has announced that...

British banks scrap dividends after pressure from regulator

01 Apr 2020

Britain’s top banks have axed dividend payments after pressure from the regulator, saving their capital as a buffer against expected losses from the economic fallout from the coronavirus. Barclays,...

World Bank, IMF urge debt relief for poorest countries

25 Mar 2020

The World Bank and the International Monetary Fund on Wednesday urged official bilateral creditors to provide immediate debt relief to the world’s poorest countries as they grapple with severe consequences...

Coronavirus: ADIB gives Dhs25 million to ‘Together We Are Good’ initiative

25 Mar 2020

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced contributing Dhs25 million to Ma’an’s ‘Together We Are Good’ programme, designed to encourage financial and in-kind contributions from individuals...

IMF sees pandemic causing global recession in 2020, recovery in 2021

24 Mar 2020

The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should...

Australia pumps $56 billion to revive virus hit economy

19 Mar 2020

Australia is pumping about A$100 billion ($56 billion) into the economy as it seeks to minimise the blow from the coronavirus epidemic. The Reserve Bank of Australia (RBA) slashed interest...

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